Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $4,298 (2025).

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property was listed for 222 days.

Pending

$279,900

$102/sqft

Phelps Add

240 South Street, Owatonna, MN, 55060

3 Bedrooms2 Bathrooms2,737 Square Feet0.212 Acres

Days on market222

Year built1947

Garage spaces1

TypeResidential

Est. $5,397buyer credit when you buy with SODL

About this home

In the heart of Owatonna, this homes timeless charm has been beautifully maintained. A two-story brick home, ready to welcome your family. Boasting over 2,700 finished square feet, this spacious residence offers comfort and functionality with three bedrooms—all conveniently located on one level. This home includes two bathrooms—one full bath for everyday comfort and a convenient half bath on the main level. Glowing hardwood floors enhance the formal living room, dining room, and kitchen, while thoughtfully crafted built-ins in most of the rooms add character and practical storage. Each detail is enhanced by the natural light throughout the home. The one stall garage is oversized and steps out to a large patio. And from the patio, you will be able to enjoy the impending spring bloom and the beautifully manicured yard! Don’t miss out—schedule your showing today!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1947

LevelsOne and One Half

Living area2,737 sqft

Above-grade finished2,359 sqft

Below-grade finished378 sqft

Lot size0.212 acres (56 x 165)

Days on market222

ListedApr 15, 2025

MLS #NST6703338

CountySteele

SubdivisionPhelps Add

Parcel #171010714

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Baseboard, Forced Air
Cooling: Central Air
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: One and One Half
Garage: 1 space · 352 sqft
Parking features: Detached Garage
Patio & porch: Patio
Lot size: 0.212 acres
Lot dimensions: 56 x 165

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Block
Foundation: 1,421 sqft
Roof: Asphalt
Year built: 1947

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers, 100 Amp Service

Community & HOA

Subdivision: Phelps Add
HOA: No HOA
School district: Owatonna

Financial & listing details

Annual tax: $4,298 (2025)
Listed: Apr 15, 2025
Days on market: 222
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementBlock, Partially Finished

HeatingBaseboard, Forced Air

CoolingCentral Air

Fireplaces2

LaundryLower Level

AppliancesDishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

DiningBreakfast Bar, Living/Dining Room

AmenitiesHardwood Floors, Kitchen Window, Patio, Walk-In Closet

AccessibilityNone

Special features3 BR on One Level

Exterior & lot

RoofAsphalt

Foundation area1,421 sqft

Patio/porchPatio

Lot featuresTree Coverage - Medium

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage

Garage spaces1

Garage size352 sqft

Financial details

Annual taxes$4,298

Tax year2025

Taxes w/ assessments4298

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number2258

District phone5074448610

High schoolOwatonna

SODL flat fee brokerage

$5,397Estimated buyer credit

SODL platform fee $3,000Your buyer credit $5,397

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,922/mo

Principal & interest$1,471

Property taxes$358

Home insurance (est.)$93

Down payment

$55,980

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.